Starting a business

How to Choose the Suitable Business Location

Start-up Consulting

How to Choose the Suitable Business Location

Location is an important element in many industries, we need to decide to rent reasonable locations, suitable objects, and affordable. For example, if you have an office, you can use the Home Office model, you can use your home, your inn to start your business. Don't waste money on unnecessary things. If you are required to rent premises to sell, you must rent a suitable premises. Eg: "Which street do you choose, which direction do you target, which product do you sell, will you calculate the profit?" . There is a restaurant that selects the location at 1 where many students and sells fast food items are easy to make, clean, low investment, simple food is good but the breakeven point is low, because Current retailing costs a lot of money for business locations. Or you can collaborate with partners to make use of the premises. Eg "I have the goods, you have the floor, the side of the house combined with the words of eating, the loss will reduce the risk and increase your chances of success". Always taking into account the method of reducing costs, don't swing your hands over your forehead, we'll die.

If the location is the front of the business, it is necessary to consider carefully: which street, which house, which street to sell, the front side of the business, what are they easy to calculate, are easy-going homeowners because there are many Business items make homeowners uncomfortable. Whether or not people have been able to do business in the past, because if they do business hard, it must be a problem, the location is convenient, people often stop or go through, for example as: "I have a sister who sells junk food, she sells on 1 a very crowded street but no one stops". If the streets are crowded, people work a lot, make delicious, tonic, cheap, plentiful dishes such as spaghetti, steak with a price of VND X-20đ so it will be easier and free of advertising costs and customers still In the domestic market, we will take the amount of sales offset. Who is the competitor, have the road, the car, the security is not good, we must ask, survey, not simply do.

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